openPR Logo
Press release

New study: Global Strontium Market forecast 2019 – 2025 | Key Players are Solvay, ProChem, Inc., Química del Estroncio S.A.U.

Strontium Market

Strontium Market

The Strontium Market is set to grow from its current market value of more than $400 million to over $650 billion by 2025; as reported in the latest study by Global Market Insights, Inc.

Sturdy strontium consumption for pyrotechnic maneuvers in Asia Pacific registered the maximum market share i.e. over 35% of the total industry size in 2017. Nations such as China, India, UAE etc. possesses the most no. of festive junctures, owing to which the demand for fireworks and pyrotechnic is very substantial in the region directly enhancing the strontium market during the expected timespan. Moreover, the product finds an extensive application in the electricals and electronic industry due to its thermodynamic and mechanical features. It is generally used in electronics industry for making cathode ray tubes (CRT) that are expended in computer monitors and TV sets as display methods. Additionally, the product's shift towards the eco-friendly alternatives are further surging the strontium market by the projected period.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1291

Strontium Market by Application
o Electrical & electronics
o Pyrotechnic
o Medical & dental
o Personal care
o Paints & coatings

The products widespread application in fireworks incurs strict government regulations to restrict the increasing air pollution. Due to which the strontium market would face some negative pull on the complete product industry size. However, the invention of new compounds such as strontium ranelate will bring new opportunities for the product market as it is beneficial in increasing bone formation and prevent bone loss. These additional benefits of strontium would positively boost the strontium market in the projected timespan.

Strontium carbonate recorded more than 55% of the total industry size in 2017. Strontium carbonate is a tasteless, odorless, white powder used widely in the production of fireworks and flares. Strontium and its compounds emit the red color flame. However, the carbonate salt is mostly preferred due to its minimal cost and hygroscopic feature. It is also used for the production of luminous paints, iridescent glass, refining sugar, etc. that will expand the strontium industry during the projected time period.

Application in electronics & electrical for strontium market registers a CAGR more than 5% by the projected timespan. It is broadly used in electronics industry due to its exceptional thermodynamic and mechanical features. Formerly, 75% of the strontium was utilized in manufacturing CRT tubes to eradicate the x-ray emissions. Although, currently this application is abating due to the innovations in modern display methods. Presently, the highest product application is attributed by the pyrotechnic industry, directly augment the strontium market in the coming years.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1291

North America strontium market is expected to swell at a CAGR exceeding 5% by 2025. The region shall witness moderate gains over the projected timeframe due to declining utilization of CRT's across electronic industry. This is primarily due to shifting customer preference towards flat screen televisions. Nevertheless, the low cost of CRT tubes may provide a significant upliftment to the strontium market share in the near future.

Strontium market is remarkably competitive, with numerous important companies responsible for the total market size. The major players include Prochem Inc., BassTech International, Sakai Chemicals, Solvay etc.

Browse key industry insights spread across 225 pages with 312 market data tables & 19 figures & charts from the report, “Strontium Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/strontium-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://technologymagazine.org/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release New study: Global Strontium Market forecast 2019 – 2025 | Key Players are Solvay, ProChem, Inc., Química del Estroncio S.A.U. here

News-ID: 1692075 • Views: 282

More Releases from Global Market Insights, Inc.

Sodium sulfide market size is slated to top $665 mn by 2024, pulp & paper applic …
Sodium sulfide market from pulp & paper application is projected to garner robust CAGR of 6.5% through 2024, mainly attributed to demand growth of tissue and packaging papers in APAC, Europe and South America. It is worth mentioning that the product has become highly sought-after in processing of bamboo, wood, bagasse fibers to pulp and bleaching of the pulp that bolster the strength of paper. Get sample copy of this research
Sodium hydrosulfite market Size, Share, Growth, Key Players like BASE, Jinhe Gro …
Sodium hydrosulfite market observes heavy demand from China, Bangladesh, Pakistan, Vietnam, and India owing to their status of prominent textile and apparel manufacturing nations. In addition, the substantial presence of major manufacturers of paper and pulp across the region would further complement the market growth through the forecast timespan. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1803 Apart from the textile industry, extensive applications of sodium hydrosulfite in the production of
Recycling Equipment & Machinery Market Overview with Detailed Analysis, Competit …
New developments in the fields of recycling and waste management with rising environmental trends will drive recycling equipment & machinery market forecast. A huge number of companies have embraced the concept of circular economy, that essentially focuses on sustainable development. Corporations, governments, universities and startups from all around the world are collaborating to finding profitable solutions that promote the recycling-waste culture. The rising trend of recyclability of materials has not left
Recycled elastomers market trends analysis, growth, Size, forecasts with top key …
As pr estimates that global recycled elastomers market size will be worth more than US$6 billion by 2025. The industry share is classified on the basis of raw material, application and region. The raw material segment is further segmented into natural rubber, chloroprene rubber, polyurethane rubber, propylene rubber, NBR, SBR, and others. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2791 The raw material segment in the recycled elastomers market is

All 5 Releases


More Releases for Strontium

Global Strontium Market Forecast 2016-2024 | Strontium Market Registers Steady G …
Strontium, an alkaline earth metal, ranks 15th in terms of abundance among elements found in the earth’s crust, occurring as Strontianite and Celestine mineral ores. Strontium (Sr) is obtained from two primary minerals: Celestine (consisting of strontium sulphate) and Strontianite (consisting of strontium carbonate). The report estimates and forecasts the strontium market on the global and regional levels. The study provides forecast between 2016 and 2024 based on volume (kilo tons)
Strontium Market to Expand with Significant CAGR During 2024
Among the limited number of companies operating in the global strontium market, Solvay, Sakai Chemical Industry Co., Ltd., and BassTech International held the dominant share of over 60% in 2015. Among these enterprises, Solvay is backward integrated into the mining of strontium materials. This has intensified the prevailing competition among the leading players. As per Transparency Market Research (TMR), the degree of competition witnessed in the market is expected to
Strontium Market : Growth, Demand, Supply, SWOT, Consumption, ROI to 2024
Among the limited number of companies operating in the global strontium market, Solvay, Sakai Chemical Industry Co., Ltd., and BassTech International held the dominant share of over 60% in 2015. Among these enterprises, Solvay is backward integrated into the mining of strontium materials. This has intensified the prevailing competition among the leading players. As per Transparency Market Research (TMR), the degree of competition witnessed in the market is expected to
Detail Market Report On Strontium Nitrate : 2017
Strontium Nitrate Market Get Access To Full Summary @ https://www.reportsandmarkets.com/reports/global-strontium-nitrate-market-research-report-2017-1488928 Strontium Nitrate Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Strontium Nitrate basics: definitions, classifications, applications and market
Strontium Market Analysis, Segments, Growth and Value Chain 2016-2024
Global Strontium Market: Snapshot Strontium, an alkaline earth metal, ranks 15th in terms of abundance among elements found in the earth’s crust, occurring as Strontianite and Celestine mineral ores. Strontium (Sr) is obtained from two primary minerals: Celestine (consisting of strontium sulphate) and Strontianite (consisting of strontium carbonate). There are a number of strontium (Sr) isotopes existing in nature; however, only four of them are stable, namely Sr-84, Sr-86, Sr-87, and
Strontium Metals Market Share 2017- IMACRO, Nanjing Welbow Metals, Longchang Str …
Strontium Metals Market Research 2017 A market study ” Global Strontium Metals Market ” examines the performance of the Strontium Metals market 2017. It encloses an in-depth Research of the Strontium Metals market state and the competitive landscape globally. This report analyzes the potential of Strontium Metals market in the present and the future prospects from various angles in detail. The Global Strontium Metals Market 2017 report includes Strontium Metals market Revenue,